3 Benteen DrLincoln, ND 58504

  • Healthcare properties
  • 4,428 SF
For Sale
$820,000 View listing

Property Details for 3 Benteen Dr

Year built
2009
Property size (Sq ft)
4,428 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
CL-138-79-15-01-030
APU
CL138791501030

Description

This exceptional 4,428 square foot medical office building, situated on a 1.752-acre lot in Lincoln, North Dakota, presents a unique investment opportunity. Priced at $820,000 ($185.19/sq ft), the single-story building is zoned PUD (Planned Unit Development) and features a thoughtfully designed layout ideal for medical practices. The property boasts a spacious waiting and reception area, a dedicated X-ray room, six exam rooms, a private office, and a large conference room, perfect for consultations or staff meetings. Additional amenities include three restrooms (men's, women's, and accessible), a nurses' station, a lab room, and two storage rooms. Ample parking is provided by a large paved lot, with substantial yard space behind the building offering potential for expansion or future development. The property's APN is CL-138-79-15-01-030. Special assessments are $69.69 per installment, with a zero remaining balance. This turnkey property is ready for immediate occupancy and represents a strong investment in a thriving community. The address is 3 Benteen Dr, Lincoln, ND 58504.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $692,543
    6.5%
    $639,270
    7%
    $593,608
  • Comparable approach

    Method
    Valuation
    Relative Method
    $226,005
    Geo Method
    $226,005
  • Alternative Use

    Use
    Valuation
    Residential
    $792,695
    Hospitality
    $726,105
    Educational
    $604,111
    Medical
    $624,887
    Retail
    $939,728
3 Benteen Dr, Lincoln, North Dakota

Location Insight

City
Lincoln
County
Burleigh
State
North Dakota
Latitude
46.7652
Longitude
-100.704
CBSA code
13900
CBSA name
BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$70
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-
-
-
-
-
-

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